PTC Industries Limited, a renowned name in the manufacturing of high-quality metal components, has landed a significant production order from global defense giant, BAE Systems. The Indian company will supply Titanium castings for the ultra-lightweight M777 Howitzer, further strengthening its position as a leader in defense manufacturing. This order is a testament to PTC Industries’ […]
BAE Systems’ FAST Labs Research and Development division has been awarded a significant $22 million contract by the Office of the Undersecretary of Defense for Research & Engineering. This contract, facilitated through the Naval Surface Warfare Center (NSWC) Crane Division’s Strategic & Spectrum Missions Advanced Resilient Trusted Systems (S2MARTS) Other Transaction Agreement (OTA) vehicle, will […]
The Defense Advanced Research Projects Agency (DARPA) has awarded a $12 million contract to BAE Systems’ FAST Labs research and development organization. This contract is part of the Technologies for Heat Removal in Electronics at the Device Scale (THREADS) program. The program aims to address thermal management challenges at the transistor scale, particularly for power-amplifying […]
The U.S. Navy has awarded BAE Systems, a leading defense, security, and aerospace company, an $86 million contract. This contract is aimed at bolstering the U.S. Navy’s Mobile Deployable Command, Control, Communications, Computers, Combat Systems, Intelligence, Surveillance, and Reconnaissance (MDC5ISR) programs over the next five years. BAE Systems will provide extensive engineering and technical services […]
BAE Systems (LON: BA) has announced the successful completion of its acquisition of Ball Aerospace from Ball Corporation, a move that significantly enhances BAE Systems’ portfolio with leading space, science, and defense capabilities. The acquisition introduces a new sector within BAE Systems, named Space & Mission Systems, marking a pivotal expansion for the company and […]
In a strategic move to bolster its capabilities in uncrewed aerial systems (UAS), BAE Systems has acquired Malloy Aeronautics, a pioneer in heavy lift drone and aeronautical technologies. This acquisition marks a significant milestone in the aerospace and defense sector, bringing together BAE Systems’ extensive expertise with Malloy Aeronautics’ innovative solutions in all-electric UAS. Malloy […]
BAE Systems Inc. and Larsen & Toubro Limited (L&T) have entered into an agreement to bring BAE’s world-leading Articulated All-Terrain Vehicle (AATV), the BvS10, to the Indian market. Under the partnership, L&T will be the primary bidder for the Indian Armed Forces, with the support of BAE Systems Hägglunds, the Swedish manufacturer of the BvS10 […]
In a significant business development, Ball Corporation (NYSE: BALL), globally renowned for its aluminum packaging, has inked an agreement to offload its aerospace division to BAE Systems (LSE: BA.) for a whopping $5.6 billion. This deal translates to an impressive 19.6x Ball Aerospace’s LTM comparable EBITDA as recorded on June 30, 2023. The anticipated closure […]
BAE Systems has secured a $37 million contract from the U.S. Department of Defense Ordnance Technology Consortium (DOTC) to engineer the Next Generation Evolved SeaSparrow Missile Launch System (NGELS). The project is in collaboration with the NATO SeaSparrow Program Office (NSPO) to create prototype deck launching systems that will enhance the ship self-defense system of […]
BAE Systems said that it has carried out a successful testing with Lockheed Martin Skunk Works of Stalker as well as the Indago smaller uncrewed aerial system (UAS) with one of the Amphibious combat vehicle Command Control, Communication, and computers/uncrewed Aerial Systems (ACV C4/UAS) variant. Both uncrewed aerial systems will offer unrivaled long-endurance capabilities for […]
